The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.
|
EVI Industries, Inc. |
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|---|---|---|---|---|
|
Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Share-based Compensation (in thousands) |
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| Type |
Unaudited |
Unaudited |
||
|
12-Months |
12-Months |
3-Months |
3-Months |
|
|
Ended |
Ended |
Ended |
Ended |
|
|
06/30/24 |
06/30/2023 |
06/30/24 |
06/30/2023 |
|
|
Net Income |
$5,646 |
$9,719 |
$2,067 |
$1,898 |
|
Provision for Income Taxes |
3,238 |
4,280 |
1,109 |
1,328 |
|
Interest Expense, Net |
2,744 |
2,507 |
476 |
788 |
|
Depreciation and Amortization |
5,983 |
6,024 |
1,491 |
1,615 |
|
Amortization of Share-based Compensation |
4,974 |
3,062 |
1,018 |
795 |
| Adjusted EBITDA |
$ 22,585 |
$ 25,592 |
$ 6,161 |
$ 6,424 |
|
|
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